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CommentaryMarket impact of Zilmax banMarket impact of Zilmax ban
Without Zilmax, the fed cattle population would likely need to be 2.3% larger to produce the same volume of beef, based on cocktail napkin economics.
Market Overview
Contract | Last | Change | High | Low | Open | Last Trade |
---|---|---|---|---|---|---|
Mar 25 Corn | 432.25 | unch — | 433.5 | 429.5 | 432 | 03:24 PM |
Mar 25 Oats | 380.75 | unch — | 382.75 | 376 | 381.25 | 03:22 PM |
Jan 25 Class III Milk | 18.87 | +0.23 | 18.89 | 18.75 | 18.77 | 03:19 PM |
Jan 25 Soybean | 983 | -8.75 | 992 | 981 | 991.5 | 03:24 PM |
Jan 25 Feeder Cattle | 258.125 | -1.175 | 259.95 | 257.95 | 259.275 | 03:23 PM |
Dec 24 Ethanol Futures | 2.161 | unch — | 2.161 | 2.161 | 2.161 | 10:37 PM |
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Futures: at least 10 minute delayed. Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice.
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